Using the percentage-of-sales method, you estimate that total uncollectible accounts is $6,000. The Allowance for Uncollectible Accounts prior to adjustment has a credit balance of $2,000. The amount of the adjusting entry for uncollectible accounts expense is:
A) $8,000.
B) $6,000.
C) $4,000.
D) $2,000.
Correct Answer:
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